COM - Communication (Overview)

Module Title

Introduction

The undeniable influence of customers on a business, for better or for worse, necessitates a deep understanding of the diverse audiences a company encounters daily. Attentive support tailored to each group is pivotal. Neglecting this intricate web of audiences can fracture relationships, undermining the business's foundation. Organizing and preserving customer data requires a robust system to manage client lists and communication channels. Above all, selecting and adeptly using the right tools for effective communication is fundamental for sustaining and nurturing these critical business relationships.

Learning Statements

  • Learners will differentiate between different audiences.
  • Learners will recognize the importance of each audience.
  • Learners will demonstrate the ability to assist all audiences in a professional manner.
  • Learners will identify the best method to maintain a customer list and communication platform.
  • Learners will demonstrate the ability to identify word processing, spreadsheets, presentations, and database software and each one’s purpose in business.

Key Terms

Customers - customers are the primary audience for most businesses, and they can make or break the business.

Suppliers - suppliers provide raw materials, components, or services to a business.

Employees - employees are the workforce of a business and include entry level to executives.

Shareholders and investors - shareholders and investors are individuals or entities that hold shares or investments in a company.

Regulators and Government Agencies - businesses must comply with various laws, regulations, and standards set by government agencies.

Competitors - competitors are other businesses in the same industry or market that offer similar products or services.

Industry Associations and Trade Groups - industry associations and trade groups provide networking opportunities, industry information, and advocacy on behalf of the industry.

Community and local stakeholders - businesses operate within communities and may have an impact on residents, organizations, and the government. Engaging with the local community, addressing concerns, and participating in corporate social responsibility initiatives can enhance a business’s reputation.

Media and journalists - media outlets and journalists can influence public perception and shape a business’s image through news coverage and reporting.

Partners and Alliances - businesses may form partnerships, alliances, or collaborations with other organizations to expand their offerings or reach new markets.

Internal Stakeholders - internal stakeholders, such as a company’s board of directors and executive team, play a critical role in shaping the business's strategy and direction.

Potential Investors and Leaders - businesses seeking funding or loans may need to communicate with potential investors, venture capitalists, or financial institutions.

Word Processing - word processing software is primarily used for creating, editing, and formatting text-based documents, such as letters, reports, memos, manuals, and proposals.

Spreadsheet Software - spreadsheet software is designed for organizing and analyzing numerical data. It uses a grid of rows and columns to input, calculate, and display data.

Presentation Software - presentation software helps businesses create visually appealing slideshows for conveying information to an audience.

Database Software - database software is designed for organizing, storing, managing, and retrieving structured data.

 

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